Looking for oil outside your front door may sound exciting, but in the idyllic Arctic archipelago of Lofoten, one of Norway's best fishing areas, the prospect of the black gold has sparked heated debate.
British energy giant BP is prepared for a multi-billion-dollar US legal case into the massive Gulf of Mexico oil spill to last until 2014, its chief executive told the Sunday Telegraph.
Canada has threatened to lodge a World Trade Organization complaint against the European Union if the bloc labels oil from Alberta's tar sands as highly polluting, documents published Monday show.
The Deepwater Horizon oil spill in the Gulf of Mexico in April 2010 will have a large economic impact on the U.S. Gulf fisheries.
For some time, researchers have explored flammable ice for low-carbon or alternative fuel or as a place to store carbon dioxide. Now, a computer analysis of the ice and gas compound, known as a gas hydrate, reveals key details ...
(AP) -- One of the nation's most widely planted crops - a genetically engineered corn plant that makes its own insecticide - may be losing its effectiveness because a major pest appears to be developing resistance more quickly ...
Brazil's environmental authorities said they have discovered a 10,000 liter leak at an oil platform in the pristine Bay of Ilha Grande, the second such mishap to threaten this country's shorelines in recent weeks.
(AP) -- The U.S. Environmental Protection Agency announced Thursday for the first time that fracking - a controversial method of improving the productivity of oil and gas wells - may be to blame for causing groundwater pollution.
While the price of oil has risen in recent years, it has not affected the price of goods as much as in the past, according to research by two Kansas State University economists.